Originally Posted by FlyPurdue

I worked for a legacy (not United) in both revenue and fleet strategy for 5 years. All we talked about internally is E-seats. It never makes it into the investor reporting because all Wall Street cares about is actual capacity growth not theoretical, so casm/rasm is what’s reported. It’s extremely easy to work between the 2 metrics so when building executive crib sheets or investor updates, we just use actual seats as the denominator.